@Curtis MaagSection 121 exclusion is given to taxpayers who sell when they lived and owned the property for 2 out of the last 5 years.The exclusion is $250,000($500,000 if married filing jointly). 

In my state, you can work under two brokerages so long as both sign off and you file the correct paperwork with the RE Commission.

Business license fees, registered agent fees, annual state filing fee in your home state and the state you have a rental in, maintenance fees, Federal tax return fees? 

My attorney reviewed the title history and determined a couple of extra affidavits that will also need filed.

Get used to buying properties with title insurance, even when you think you don't need it.Here's an example of what can go wrong with your property:  The bank didn't pay a vendor and the vendor files a lien on the property after you bought it. 

While compliance may require the filing of Form D with the SEC, the SEC does not evaluate the offering, nor issue any approval or comment.

Do I need to file for state taxes in Missouri if my LLC is formed in Texas where I live and work?

(real case)But I'll take any day someone who filed bankruptcy for medical bills - people not going to die because they were not able to pay $100K for a surgery.That's why I meet every tenant and talk to them about everything: job, family, dogs, weather.....lolI want to get their character and life in general.I almost took application from a woman - she was nice and sweet and her income was sufficient with no evictions etc.

I have a different approach to investing as I kicked off my career in high-stakes litigation, suing insurance companies in New York for not covering claims that were filed by their clients.

Secondly, if you haven't filed 2 years of tax returns with that rental property then they will require you to have 25% equity in the property as well.